Mergers & Acquisitions ·
Corteva completes separation of seed business into independent public company Vylor Inc
CTVACorteva, Inc.
On October 1, 2026, Corteva completed the previously announced separation of its seed operating segment by distributing all outstanding shares of common stock in the new entity, Vylor Inc., to holders of record as of September 24, 2026. Vylor began regular-way trading on the New York Stock Exchange under the symbol "VYLR" on October 1, 2026. The parties entered into several agreements in connection with the separation, including a Separation and Distribution Agreement, Tax Matters Agreement, Employee Matters Agreement, Reverse Transition Services Agreement, Intellectual Property Matters Agreement, and a Global Master Seed Treatment Supply Agreement. Corteva operates in the agriculture industry, providing crop protection products, seeds, and digital solutions to farmers.